Since mid-2009, some 95 percent of all US income gains have gone to the top 1 percent. Now, even powerful financiers are alarmed by the increased income inequality between rich and poor.
In many other endeavors outside of investing, getting a forecast half-right isn't quite the end of the world. In asset allocation, however, half-right can be a killer.
Europe's leaders may be revisiting austerity policies in the face of slow economic growth and weak public support. Will that lead to concrete changes?
More and more evidence is showing that dividends are important, providing the bulk of equity investor returns for many generations. This doesn't mean it's always a good time to buy dividend stocks, but it's something to keep in mind.
Medicare, Medicaid, and Social Security obligations put the US in terrible financial straits, says PIMCO's Gross. Public debt, Medicare, and other entitlements mean the US on the hook for nearly $100 trillion.
Bond fund giant PIMCO shorts US Treasuries. Bond fund says end of QE2, US budget deficits, and looming inflation will push Treasuries lower.